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Sabrina Valle

China's SPIC buys stake in Brazil's LNG-fueled power projects from GNA

Aug 10 2020

RIO DE JANEIRO, Aug 10 The Brazilian unit of China's State Power Investment Corporation Limited will acquire a 33% stake in two plants in the largest power project fueled by super-chilled liquefied natural gas (LNG) in Latin America, from Gas Natural Acu (GNA), the companies said in a statement on Monday.

Cheniere tops second-quarter profit estimates, accelerates LNG plant expansion

Aug 06 2020

Cheniere Energy Inc on Thursday posted a second-quarter profit that beat analysts estimates on higher margins, in part on fees collected from customers cancelling deliveries due to the COVID-19 pandemic.

Cheniere Energy reports 2Q profit and reconfirms 2020 guidance

Aug 06 2020

Aug 6 Cheniere Energy Inc posted a second-quarter profit on higher margins and accelerated revenue, the company reported on Thursday.

Brazil's Ocyan aims for bigger offshore platforms to cement comeback

Aug 04 2020

RIO DE JANEIRO Offshore oil industry supplier Ocyan plans to participate in bids for much bigger platforms than it currently has in Brazilian waters, the world's largest market for floating platforms, Chief Executive Roberto Bischoff told Reuters.

INTERVIEW-Brazil's Ocyan aims for bigger offshore platforms to cement comeback

Aug 04 2020

RIO DE JANEIRO, Aug 4 Offshore supplier Ocyan plans to participate in bids for much bigger oil platforms than it currently has in Brazilian waters, the world's largest market for floating platforms, Chief Executive Roberto Bischoff told Reuters.

Brazil's Petrobras forges ahead with downstream, midstream divestments

Jul 31 2020

RIO DE JANEIRO Brazilian state-run oil firm Petroleo Brasileiro SA expects to conclude negotiations on the sale of its RLAM refinery in northeastern Brazil in the near future and is pushing ahead with the IPO of a gas pipeline unit, executives said on Friday.

Brazil's Petrobras posts $500 million loss despite record exports to China

Jul 30 2020

RIO DE JANEIRO Brazilian state-run oil firm Petroleo Brasileiro SA on Thursday posted a loss of 2.7 billion reais ($524 million) in the second quarter, hurt by tumbling oil prices despite record export volumes to China.

Brazil's Vale eyes mine expansions, Samarco restart amid robust Chinese demand

Jul 30 2020

RIO DE JANEIRO Brazilian iron ore miner Vale SA is sending a proposal this month to the board for further expansion at its Northern System mining complex, and the company expects to restart operations at its Samarco complex in December, executives said on Thursday.

Brazil's Vale resumes dividends 18 months after deadly dam disaster; Q2 profit soars

Jul 30 2020

Brazilian mining giant Vale SA said on Wednesday it will resume dividend payments to shareholders, suspended since a deadly dam burst in January 2019, as it reported second-quarter profit rocketed amid a surge in iron ore prices.

UPDATE 2-Brazil's Vale resumes dividends 18 months after deadly dam disaster; Q2 profit soars

Jul 29 2020

* Shares close at record high before payout, profit announcements (Adds context, industry details, share price)

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